Support for businesses

Additional Restrictions Grant

The government recognises that some businesses that required to close because of COVID-19 do not directly pay business rates and therefore won’t be covered by the Local Restrictions Support Grant (LRSG) scheme and that others will not have been forced to close but will be significantly financially impacted.

Local authorities have therefore each been allocated an Additional Restrictions Grant (ARG), which will cover businesses not covered by LRSG. Funding can cover one or more of the following areas:

  • direct grants to business
  • business support e.g. advice and guidance for businesses, and skills training to support their ability to trade in changed circumstances.

A total of £10.1m of ARG has been given to the Council to cover the period up until March 2022. This is a single lump sum and the Council will receive no further amount.   

In order to accommodate future lockdown measures, the Additional Restrictions Grant will be distributed in phases. Please see below details on the different phases (criteria may change at the time of launch). 

Phase 1

 

*Grant application now open

Phase 1 has reopened for businesses which missed the deadline of 28 February.

It now supports any non-essential businesses which was trading before 1 April 2021, which does not directly pay business rates and were affected by the early closing restrictions of 17 October-4 November, the national lockdown 5 November-2 December 2020, Tier 4 restrictions 20 December 2020-4 January 2021 and the national lockdown 5 January-12 April 2021.

Commercial businesses – closing 30 September

More information on Phase 1 for commercial businesses.
 
Home-based businesses – closing 30 September

It has also been extended to support home-based businesses. Please check eligibility and apply here.

Phase 2

*Grant application now open

Suppliers to businesses which were required to close and/or which had reduced trade during 5 November-2 December 2020 lockdown; Tier 4 restrictions 20 December 2020-4 January 2021; national lockdown 5 January-12 April 2021. Priority will be given to businesses which are able to demonstrate that more than 50% of their trade involves supplying other businesses.

Commercial businesses – closing 30 September

More information on Phase 2 for commercial businesses

Home-based businesses – closing 30 September

Phase 2 has also been extended to support home-based businesses. Please check eligibility and apply here.

Phase 3

Businesses which may be forced to close during future lockdowns and which are eligible to apply for grants in Phase 1 and Phase 2.

Phase 4

*Grant application now open

Large Grant Scheme - closing 17 October

The Council’s Our Newham Business & Enterprise Team has launched the Large Grant Scheme, which is a new part of the Additional Restrictions Grant. It allows businesses, and associations made up of businesses, to apply for any amount up to £250,000.

The Large Grant Scheme will help support a broad range of projects and activities centred around the eight pillars of our Towards a Better Newham Covid-19 Recovery Strategy, which builds on the Community Wealth Building Strategy.

Grants will be awarded to support businesses to develop initiatives that will help boost local economic activity, for example by training their employees, responding to climate emergency, supporting young people and developing Covid-secure workplaces.

When applying, a business or association must demonstrate how their initiative will help the local economy recover and reorientate as well as benefit the community.

Full details are available in the guidance notes (PDF)

Please check your eligibility in the guidance notes before applying.

View our YouTube link to the recent webinar looking into the Large Grant Scheme!

Please check eligibility and apply here.

Open and Excluded commercial businesses – closing 30 September

This phase of the Additional Restrictions Grant will support Newham-based businesses operating in a range of sectors, including independent essential retailers and creative sectors, which were able to remain open but experienced a significant reduction in income and trade due to reduced footfall.

More information on Phase 4 (Open and Excluded commercial businesses)

Home-based businesses & Taxi/Courier Drivers – closing 30 September

Phase 4 has also been extended to support open home-based businesses and taxi/private hire and courier drivers. Please check eligibility and apply here.

Community Wealth Building Pledge grant – closing 30 September

Community Wealth Building Pledge grant is designed to support businesses, organisations and charities recover and re-orientate following the Covid-19 pandemic.  These grants are specifically available to help businesses, organisations and charities advance Newham’s Community Wealth Building and Covid Recovery approach.

More information on Community Wealth Building Pledge grant